Wilful Defaulters
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Bank Unions Oppose Move To Allow Compromise Settlement For Defaulters
Bank unions AIBOC and AIBEA have opposed the Reserve Bank's move to allow lenders to settle loans of wilful defaulters under compromise settlement.
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Banks Can Now Go For Compromise Settlement Of Wilful Defaults, Fraud Accounts
In order to ensure maximum recovery from distressed assets, the Reserve Bank of India has allowed banks to go for compromise settlement of fraud accounts and wilful defaults.
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Top 50 Wilful Defaulters Owe Rs 92,570 Crore To Banks, Mehul Choksi Tops List
The gross non-performing assets (NPAs) of state-owned banks had dropped by over Rs 3 lakh crore after peaking at Rs 8.9 lakh crore.
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"2,426 Firms Looted People's Savings, Will Centre Launch Probe?": Rahul Gandhi
Alleging that 2,426 companies have "looted" people's savings to the tune of Rs 1.47 lakh crore from banks, Congress leader Rahul Gandhi on Sunday asked if the government will conduct a probe into it to punish those guilty.
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Money "Looted" By Wilful Defaulters Enough To Provide Lakhs To Migrants: Derek O'Brien
TMC MP Derek O'Brien on Saturday shared a list of wilful bank loan defaulters on Twitter and said the money "looted" by them would have been enough to transfer lakhs of rupees into the accounts of jobless migrant workers.
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"Simple Answer Needed", Congress Tells Nirmala Sitharaman Over 'RBI List'
Congress hit back at Finance Minister Nirmala Sitharaman on Wednesday, hours after a 13-tweet rebuttal to party leader Rahul Gandhi and his attempt to "mislead people" with allegations about the RBI's list of 50 wilful defaulters
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Rahul Gandhi, Take Tuitions From P Chidambaram: Prakash Javadekar
A day after Rahul Gandhi attacked the ruling BJP after the Reserve Bank of India (RBI) released a list of 50 wilful defaulters accused of cheating banks, saying the government had hidden the list from parliament because it included "friends" of the ruling party, Union Minister Prakash Javadekar dismissed his claims. Mr Javadekar said the top Congre...
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Nirmala Sitharaman's 13-Tweet Counter To Rahul Gandhi's 'RBI List' Attack
In a series of tweets late on Tuesday night, Finance Minister Nirmala Sitharaman rebutted Congress leader Rahul Gandhi on his allegations on "wilful defaulters, bad loans and write-offs", calling them an attempt to "mislead people in a brazen manner" and sensationalise facts.
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Mehul Choksi Tops RBI List Of Defaulters Who Owe Nearly Rs 70,000 Crore
Business tycoons Mehul Choksi, the Jhunjhunwala brothers, and Vijay Mallya are among the prominent individuals linked to companies named by the Reserve Bank of India (RBI) in a list of the top 50 wilful defaulters accused of scamming the country's banks.
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"This Is Why Truth Was Hidden": Rahul Gandhi On RBI's Defaulters List
Congress leader Rahul Gandhi on Tuesday cornered the government after the Reserve Bank of India (RBI) released a list of top 50 wilful defaulters accused of cheating Indian banks, saying that the BJP had "hidden" the list from parliament because it included friends of the ruling party.
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IDBI Bank Issues Public Notice On Vijay Mallya As "Wilful Defaulter"
IDBI Bank has declared Vijay Mallya a wilful defaulter and issued a public notice on Wednesday with his old passport size photograph for default on payments worth Rs 1,566 crore in respect to Kingfisher Airlines.
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Wilful Defaults Stand At Rs 1.50 Lakh Crore In 2018-19
Under law, wilful defaulters are classified as firms or individuals who own large businesses and deliberately avoid repayments.
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Yashovardhan Birla Declared Wilful Defaulter By UCO Bank
UCO Bank said the account was declared a non-performing asset (NPA) on June 3, 2019.
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BJP Youth Wing Chief Declared Wilful Defaulter By Bank Of Baroda
BJP leader Mohit Kamboj has been declared a "wilful defaulter" by the state-run Bank of Baroda. Kamboj, chief of Mumbai unit of Bhartiya Janata Yuva Morcha who was in news earlier this year when he replaced his last name with "Bhartiya", disputed the bank's action, saying he had paid his dues as a personal guarantor for a loan.
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RBI Ordered To Review Its Disclosure Policy On Banks Under RTI: 10 Things To Know
The Supreme Court last week gave the Reserve Bank of India "a last opportunity" to disclose details such as its list of wilful defaulters under Right to Information Act (RTI Act). The top court also directed the Reserve Bank of India to review its policy on disclosure of information relating to banks under RTI, saying "it is duty-bound under the la...
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Bank Unions Oppose Move To Allow Compromise Settlement For Defaulters
Bank unions AIBOC and AIBEA have opposed the Reserve Bank's move to allow lenders to settle loans of wilful defaulters under compromise settlement.
-
Banks Can Now Go For Compromise Settlement Of Wilful Defaults, Fraud Accounts
In order to ensure maximum recovery from distressed assets, the Reserve Bank of India has allowed banks to go for compromise settlement of fraud accounts and wilful defaults.
-
Top 50 Wilful Defaulters Owe Rs 92,570 Crore To Banks, Mehul Choksi Tops List
The gross non-performing assets (NPAs) of state-owned banks had dropped by over Rs 3 lakh crore after peaking at Rs 8.9 lakh crore.
-
"2,426 Firms Looted People's Savings, Will Centre Launch Probe?": Rahul Gandhi
Alleging that 2,426 companies have "looted" people's savings to the tune of Rs 1.47 lakh crore from banks, Congress leader Rahul Gandhi on Sunday asked if the government will conduct a probe into it to punish those guilty.
-
Money "Looted" By Wilful Defaulters Enough To Provide Lakhs To Migrants: Derek O'Brien
TMC MP Derek O'Brien on Saturday shared a list of wilful bank loan defaulters on Twitter and said the money "looted" by them would have been enough to transfer lakhs of rupees into the accounts of jobless migrant workers.
-
"Simple Answer Needed", Congress Tells Nirmala Sitharaman Over 'RBI List'
Congress hit back at Finance Minister Nirmala Sitharaman on Wednesday, hours after a 13-tweet rebuttal to party leader Rahul Gandhi and his attempt to "mislead people" with allegations about the RBI's list of 50 wilful defaulters
-
Rahul Gandhi, Take Tuitions From P Chidambaram: Prakash Javadekar
A day after Rahul Gandhi attacked the ruling BJP after the Reserve Bank of India (RBI) released a list of 50 wilful defaulters accused of cheating banks, saying the government had hidden the list from parliament because it included "friends" of the ruling party, Union Minister Prakash Javadekar dismissed his claims. Mr Javadekar said the top Congre...
-
Nirmala Sitharaman's 13-Tweet Counter To Rahul Gandhi's 'RBI List' Attack
In a series of tweets late on Tuesday night, Finance Minister Nirmala Sitharaman rebutted Congress leader Rahul Gandhi on his allegations on "wilful defaulters, bad loans and write-offs", calling them an attempt to "mislead people in a brazen manner" and sensationalise facts.
-
Mehul Choksi Tops RBI List Of Defaulters Who Owe Nearly Rs 70,000 Crore
Business tycoons Mehul Choksi, the Jhunjhunwala brothers, and Vijay Mallya are among the prominent individuals linked to companies named by the Reserve Bank of India (RBI) in a list of the top 50 wilful defaulters accused of scamming the country's banks.
-
"This Is Why Truth Was Hidden": Rahul Gandhi On RBI's Defaulters List
Congress leader Rahul Gandhi on Tuesday cornered the government after the Reserve Bank of India (RBI) released a list of top 50 wilful defaulters accused of cheating Indian banks, saying that the BJP had "hidden" the list from parliament because it included friends of the ruling party.
-
IDBI Bank Issues Public Notice On Vijay Mallya As "Wilful Defaulter"
IDBI Bank has declared Vijay Mallya a wilful defaulter and issued a public notice on Wednesday with his old passport size photograph for default on payments worth Rs 1,566 crore in respect to Kingfisher Airlines.
-
Wilful Defaults Stand At Rs 1.50 Lakh Crore In 2018-19
Under law, wilful defaulters are classified as firms or individuals who own large businesses and deliberately avoid repayments.
-
Yashovardhan Birla Declared Wilful Defaulter By UCO Bank
UCO Bank said the account was declared a non-performing asset (NPA) on June 3, 2019.
-
BJP Youth Wing Chief Declared Wilful Defaulter By Bank Of Baroda
BJP leader Mohit Kamboj has been declared a "wilful defaulter" by the state-run Bank of Baroda. Kamboj, chief of Mumbai unit of Bhartiya Janata Yuva Morcha who was in news earlier this year when he replaced his last name with "Bhartiya", disputed the bank's action, saying he had paid his dues as a personal guarantor for a loan.
-
RBI Ordered To Review Its Disclosure Policy On Banks Under RTI: 10 Things To Know
The Supreme Court last week gave the Reserve Bank of India "a last opportunity" to disclose details such as its list of wilful defaulters under Right to Information Act (RTI Act). The top court also directed the Reserve Bank of India to review its policy on disclosure of information relating to banks under RTI, saying "it is duty-bound under the la...
